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Teledyne price target raised to $775 from $770 at Jefferies

Jefferies analyst Greg Konrad raised the firm’s price target on Teledyne (TDY) to $775 from $770 and keeps a Buy rating on the shares. The firm says the company’s “beat and raise” quarter brings confidence that it is getting back to a positive revision cycle driven by its defense business and “signs of life” in short cycle. Jefferies sees a positive 2026 setup for the shares.

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